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Prescriptive Analytics for Supply Chain Optimization: 6 Powerful Use Cases 

ThroughPut

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. What Is Prescriptive Analytics in Supply Chain? How Prescriptive Analytics Has Been Driving Value In Supply Chain Optimization?

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Summary of Development and Manufacture Contracts in the Aerospace and Defense Industries

NC State SCRC

Our third contract research paper is by James Wilkinson, focusing on aerospace contracts which typically entail a great deal of risk (as illustrated by the Boeing 737 MAX incident…). The type of contract of interest in this report is for Development and Manufacture contracts in the Aerospace and Defense industries.

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Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

GlobalTranz

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier.

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Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

Professionals in supply chain management use various methods to identify best practices to improve the operations. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

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How Machine Learning Is Redefining Supply Chain Management

IQMS

Bottom line: Machine learning makes it possible to discover patterns in supply chain management data by relying on algorithms that quickly pinpoint the most influential factors to a supply networks’ success, while constantly learning in the process. How Machine Learning Is Redefining Supply Chain Management.

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Tracking Fixed Assets Across the Modern Supply Chain

RFgen

Modern asset tracking software can drive operational efficiency and oversight, even across dispersed geographies. Even the most vigilant EAM practices can only go so far without the right technology in place. Asset tracking software provides a complete picture of the status of critical equipment, vehicles and other essentials.

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Why You Should Conduct Internal Quality Audits

Arena Solutions

Many companies within aerospace and defense , electric vehicle (EV) technology , medical devices , biotechnology , and clean tech sectors are seeing lucrative business opportunities to compete in the market. In 2022 alone, the global aerospace and defense market size has grown from $795.92 billion to $855.62 billion in 2023.

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